Income statement

SEK million20182017201620152014
Net sales 16,848 14,847 12,955 11,881 9,746 
Cost of goods sold -11,099 -9,881 -8,607 -7,847 -6,464 
Gross profit 5,749 4,966 4,348 4,034 3,282 
Development costs -204 -178 -156 -133 -107 
Selling costs -2,737 -2,463 -2,179 -2,044 -1,708 
Administrative expenses -991 -893 -791 -635 -535 
Other operating income and expenses 8 -52 50 13 49 
Operating profit 1,825 1,380 1,272 1,235 981 
Net financial items -75 -70 -78 -98 -86 
Profit after financial items 1,750 1,310 1,194 1,137 895 
Tax -382 -280 -258 -243 -192 
Net profit for the year 1,368 1,030 936 894  703